Gold Prices Slip on Monday, Silver Also Declines: Check Latest Rates Across Major Cities

Gold prices in India opened the week on a weaker note, with both gold and silver witnessing a decline on Monday, March 30, 2026. Despite recent gains over the past week, the start of the new week brought some correction in precious metal prices across major cities. Alongside domestic demand and supply factors, global economic trends continue to play a significant role in shaping gold and silver rates in the country.

Here’s a detailed look at the latest prices, trends, and the key reasons behind the movement.

Gold Prices Today in India

On Monday morning, the price of 24-carat gold in Delhi dropped to ₹1,48,210 per 10 grams, while 22-carat gold was priced at ₹1,35,890 per 10 grams. Similar trends were seen across other metro cities.

In Mumbai, Kolkata, and Hyderabad, 24-carat gold is trading at around ₹1,48,080 per 10 grams, while 22-carat gold is priced at ₹1,35,740 per 10 grams. Chennai recorded slightly higher rates, with 24-carat gold at ₹1,49,010 per 10 grams and 22-carat gold at ₹1,36,590 per 10 grams.

Cities like Pune and Bengaluru are also seeing similar pricing levels, with 24-carat gold at ₹1,48,080 and 22-carat gold at ₹1,35,740 per 10 grams.

Interestingly, despite the current dip, gold prices have shown an upward trend over the past week. The price of 24-carat gold has increased by around ₹2,100, while 22-carat gold has risen by nearly ₹1,950 in the same period. However, on Friday, March 28, gold saw a sharp fall of ₹1,900 (around 1.3%) in Delhi’s bullion market.

Latest Gold Rates in Major Cities (₹ per 10 grams)

Silver Prices Also Under Pressure

Silver prices have also declined alongside gold. As of March 30, silver is trading at around ₹2,44,900 per kilogram in India. The metal has experienced notable volatility over the past week.

On Friday, silver prices dropped sharply by ₹11,250 (nearly 5%) in Delhi, settling at around ₹2,30,000 per kilogram. Despite fluctuations during the week, silver has largely returned to levels seen a week earlier.

In the international market, spot silver is currently priced at around $68.12 per ounce. Notably, silver had crossed the ₹4 lakh per kilogram mark earlier this year in January, highlighting the sharp swings seen in recent months.

Global Factors Driving the Price Movement

The recent decline in gold and silver prices may seem surprising given ongoing geopolitical tensions, particularly in West Asia. Typically, uncertainty and conflict drive investors toward safe-haven assets like gold and silver. However, current market behavior suggests a different trend.

Several global factors are influencing prices:

• Rising US bond yields: Higher yields make fixed-income investments more attractive, reducing demand for non-yielding assets like gold
• Strong US dollar: A stronger dollar makes gold more expensive for international buyers, dampening demand
• Inflation concerns: Rising crude oil prices due to geopolitical tensions have increased inflation fears, leading investors to rebalance portfolios

Despite geopolitical risks involving countries like Iran, Israel, and the United States, investors appear cautious and are pulling money out of precious metals in the short term.

What Should Investors Do Now?

The current dip in gold and silver prices could present a buying opportunity for long-term investors. However, market volatility remains high due to global uncertainties and economic shifts.

Experts suggest keeping an eye on global indicators such as US interest rates, dollar strength, and geopolitical developments before making large investment decisions.

Bottom Line

Gold and silver prices have started the week on a softer note, reflecting global economic pressures rather than just geopolitical tensions. While short-term fluctuations are expected, precious metals continue to hold their value as long-term investment options.

For buyers and investors, staying informed and timing purchases wisely can make a significant difference in returns.